Exam 8: Importing,exporting,and Sourcing

Governments commonly use activities to support and encourage firms that engage in exporting.Such activities include all of the following except:

What are the differences between antidumping and countervailing duties? Under what conditions are these duties imposed?

Governments in Japan,Singapore,South Korea,and China have supported exports for years,which have tremendously helped their economies.Since exporting is a very important component of a country's business strategy,many government programs are offered that support exports.Describe ways by which governments can support exports.

Even today,the managerial mind-set in many companies still favors export selling rather than export marketing.

Officially,the EU tariffs on Chinese and Vietnamese shoe imports are known as:

Which of the following offers a company the best assurance of being paid for exported goods?

________ is an independent marketing intermediary that acts as the export department for two or more manufacturers whose product lines do not compete with each other.

The furniture industry has become one of the fastest-growing sectors of China's economy.Furniture imports are flooding into the United States from China.This can be attributed to:

Representatives of the apparel,footwear,and textile industries in many countries are deeply concerned about the impact that increased trade with China will have on these sectors.

When Honda's U.S.manufacturing subsidiaries purchase parts from Japan,customs authorities in the United States have the right to scrutinize the transfer price to make sure it is a fair reflection of market value.

The Customs Trade Partnership Against Terrorism (C-TPAT)recognizes that U.S.Customs and Border Protection (CBP)is responsible for screening import cargo transactions.

________ is sometimes called a mother hen,a piggyback exporter,or an export vendor.

Which of the following documents represents title to goods in an export transaction?

The organizational decision to purchase production inputs,components,or finished goods from domestic or foreign producers is known as the ________ decision.

Tariffs can be thought of as the "three Rs" of global business: rules,rigor,and regulations of individual countries.

Restrictive administrative and technical regulations can create barriers to trade which may take all of the following forms except:

The export and import process can entail red tape and bureaucratic delays.In an effort to facilitate exports,countries are designating certain areas as:

The advantages of a market visit include all of the following except:

Which of the following completely eliminates the risk of nonpayment by an importer or a bank in an international transaction?

Which of the following can be referred to as a "buyer for export" or an "export commission house" and operates on behalf of a buyer from a foreign country?